Business in the Seychelles

EENI- School of International Business

Subject: Doing Business in the Seychelles - Victoria. Syllabus:

1. Introduction to the Republic of Seychelles (East Africa)
2. Doing Business in Victoria
3. The Economy of Seychelles
4. International Trade of Seychelles
5. Custom Procedures
6. Business and Investment Opportunities in the Seychelles
   1. Fisheries
   2. Offshore Industries
   3. Energy
   4. Agriculture
   5. Tourism
7. The Seychelles Investment Board
8. Case Study: The Seychelles Trading Company
9. Access to the Seychellois market

The objectives of the subject “Foreign Trade and Doing Business in the Republic of Seychelles” are the following:

1. To analyse the Seychellois economy and foreign trade
2. To evaluate the business opportunities in the Seychelles
3. To explore Seychelles' trade relations with the student's country
4. To know Seychelles' Free Trade Agreements
5. To examine the profile of Seychellois companies
6. To develop a business plan for the Seychellois market

Sample of the subject (Doing Business in the Seychelles):

Description of the Subject (Doing Business in the Seychelles).

The Republic of Seychelles (Africa).

Seychelles: The first African country by Human Development. One of the less corrupt countries in Africa.

1. Area: 455 square kilometres
2. Capital: Victoria
3. Seychellois Population: 90,000
4. Adult literacy rate: 96%
5. Religion: 86% of Seychellois are Catholics
6. The official languages: Creole, English, and French
7. Independence: 1976 (United Kingdom)
8. Type of Government: Socialist Multi-Party Republic
9. Civil Law: based on the French Napoleonic Code. Criminal law: based on the British laws
10. The nearest countries: Mozambique, the Comoros, and Mauritius

The Seychelles belongs to the East African Economic Area of the African Civilisation.

The Economy of Seychelles:

1. Seychellois GDP growth: 3.5%
2. The tertiary sector: 71% of GDP
3. The inflation: 4.4%
4. Top Seychellois sectors: tourism (29% of GDP), construction, private consumption, financial and insurance services, and information and communication technology
5. Top agricultural products: copra, cinnamon bark, and tea
6. Natural resources: fish, coconut, cinnamon, Petrol, and gas
7. Top Seychellois exports: canned tuna, fish, frozen prawns, cinnamon bark, medical appliances, and metals
8. Top trading partners: France, Germany, Italy, Japan, South Africa, Sri Lanka, the United Kingdom, the United States, the European Union (EU), and the COMESA (Common Market for Eastern and Southern Africa) countries
9. Currency: Seychelles Rupee (SCR)
10. Special Investment Zones

Seychelles has preferential access to...

1. Common Market for Eastern and Southern Africa (COMESA)
2. Southern African Development Community (SADC)
3. COMESA-EAC-SADC Tripartite Agreement
4. Indian Ocean Commission
5. The United States: AGOA Act - Trade and Investment Framework Agreement (COMESA)
6. Cotonou Agreement (European Union)
7. Free Trade Agreement (FTA) with India

Seychelles is a member of:

1. African Development Bank
2. Economic Commission for Africa (ECA)
3. New Partnership for Africa's Development (NEPAD)
4. African Union (AU)
5. Africa-South America Summit (ASA)
6. Indian-Ocean Rim Association (IORA)
7. Relationships with China and India

❮ Samples - Business in the Seychelles ❯